Welcome to LoanSafe

LoanSafe.org is America's #1 mortgage website for consumers since 2007. Free mortgage help for first time home buyers, and homeowners looking to refinance, or need a loan modification, short sales and more! For immediate assistance, please call 1-800-779-4547.

Erik Sandstrom

Senior Loan Officer

If you are looking for a great mortgage with the best rates, please give me a call at 619-379-8999.

Current mortgage rates at the nation’s top lenders are mostly on the way up for this Tuesday. The national average also remains a bit higher than the all time lows we saw at the beginning of the year and early February. Rates are still very good and people are... read more

A former Connecticut real estate agent and mortgage broker was sentenced last week to 36 months in prison for his involvement in a massive mortgage fraud scheme, according to the US Attorney for the District of Connecticut. Asm Afsary, 42, of Stamford, was sentenced... read more

Mortgage rates for this Monday at the nation’s top lenders are mostly mixed with rates going slightly both up and down. The current national average for rates are higher than the lows that we saw at the start of the new year. Last week Freddie Mac’s Primary... read more

The Federal Housing Administration (FHFA) index released this week shows mortgage rates nationwide on conventional purchase-money mortgages decreased from December to January. The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by... read more

The FBI announced this week that Enrique Hernandez (34, Miami) pleaded guilty to conspiracy to commit bank and mail fraud, according to United States Attorney A. Lee Bentley, III. The mortgage scam involved Hernandez and his co-conspirators purchasing homes at their... read more

The current national average for conforming mortgage and ARM loan rates this Friday are mostly on the way up at the nation’s top lenders. I noticed some lenders have raised rates across the board this morning. Here is a brief report on the current state of the... read more

The FBI announced yesterday that a former senior vice president of Bank of America (BOA) in Las Vegas pleaded guilty today to misapplication of bank funds in a scheme that led to over $6.4 million in losses to BOA on two business-related loans. Assistant Attorney... read more

The National Association of Home Builders (NAHB) announced today that new construction home sales dropped 0.2% in January to a seasonally adjusted annual rate of 481,000, according to newly released data by the HUD and the U.S. Census Bureau. According to the... read more

Freddie Mac (OTCQB: FMCC) released today its newly updated Multi-Indicator Market Index® (MiMi®), showing that the U.S. housing market continuing to stabilize at the national level for the fourth consecutive month. Thirty-eight of the 50 states, plus the District of... read more

Current mortgage rates from the nation’s top lenders for this Wednesday are mostly on the way down after rising for the past couple weeks. The Mortgage Bankers Association (MBA) released its report on mortgage applications today, showing that mortgage loan rates... read more

Arizona has many first- time home buyer programs that are only available through specific counties throughout the state. Most of these programs are similar being that they offer no money down and/or tax credits to qualified applicants. Below you will find a list and... read more

The current national average for conforming mortgage and ARM loan rates are getting better this week after seeing a straight week of rising rates. Overall, they are still at great lows and it is an awesome time to obtain a home loan. Existing home sales numbers are... read more

Carmen Johnson, age 48, of Gambrills, Maryland, was convicted this past week by a federal grand jury of conspiracy, wire fraud and making a false statement on a loan application, arising from two residential mortgage fraud schemes, according to the USDOJ. Johnson was... read more

The national average for mortgage rates today appear to be mostly mixed with rates going both up and down. Rates over the past couple weeks have surged to a 2015 high, and are the highest since January 1. However, the overall market and rates on a historical... read more

The United States Department of Justice (USDOJ) said this past week that a Virginia mortgage broker and his partners in crime were each sentenced to 180 months in prison for their roles in a multi-million dollar home loan fraud scheme. The mortgage broker’s name... read more

The national average for mortgage rates is slightly higher again this week. Some lenders were up to 4% on the 30 year fixed, while others were more aggressive by offering 3.75%. The average overall for the 30 year fixed rates is up -.07% to 3.76%, and the 15 year... read more

Here is a list of the top twenty mortgage lenders who have received complaints between the years 2011-2013. It is no surprise that the nation’s largest banks such as Bank of America, Wells Fargo and Chase would have the most complaints since they make the... read more

The United States Department of Justice (USDOJ) along with the California Attorney General announced yesterday that a Las Vegas man was sentenced to five years in prison by U.S. District Judge Troy L. Nunley in connection with a nationwide multi-million dollar... read more

Mortgage rates at the nation’s top lenders are slightly higher for this Wednesday. Bank of America’s 30 year fixed mortgage is up a bit to 3.875%, and their 5/1 ARM is also higher at 3.125%. CitiMortgage’s 30 Year Fixed Rate is unchanged at 4.00%, and their 15 year... read more

The New Jersey Attorney General, John J. Hoffman announced last week that a Jersey City mortgage broker who owned a property management company, pleaded guilty in a fraud scheme in connection with four loans totaling approximately $1,219,860. Brian Lyles, 43, of... read more